India: Market for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles 2024

Market Size for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in India

The Indian market for non-refractory clay flooring blocks, support or filler tiles shrank modestly to $X in 2022, with a decrease of -4.7% against the previous year. Over the period under review, consumption continues to indicate a noticeable descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in India

In value terms, production of non-refractory clay flooring blocks, support or filler tiles fell to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 22% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Exports from India

In 2022, after two years of growth, there was significant decline in shipments abroad of non-refractory clay flooring blocks, support or filler tiles, when their volume decreased by -48.8% to X tons. Over the period under review, exports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 333% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of non-refractory clay flooring blocks, support or filler tiles shrank rapidly to $X in 2022. In general, exports saw a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of 559%. As a result, the exports reached the peak of $X, and then fell notably in the following year.

Exports by Country

Mauritius (X tons), the United Arab Emirates (X tons) and Nepal (X tons) were the main destinations of exports of non-refractory clay flooring blocks, support or filler tiles from India, together comprising 94% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +46.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for non-refractory clay flooring blocks, support or filler tiles exports from India, comprising 53% of total exports. The second position in the ranking was taken by Nepal ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled +47.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+40.8% per year) and Mauritius (0.0% per year).

Export Prices by Country

In 2022, the average export price for non-refractory clay flooring blocks, support or filler tiles amounted to $X per ton, declining by -37.8% against the previous year. Overall, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2019 an increase of 67%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+53.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Imports into India

In 2022, approx. X tons of non-refractory clay flooring blocks, support or filler tiles were imported into India; growing by 42% on the previous year's figure. In general, imports showed prominent growth. The pace of growth was the most pronounced in 2019 with an increase of 122%. As a result, imports attained the peak of X tons; afterwards, it flattened through to 2022.

In value terms, imports of non-refractory clay flooring blocks, support or filler tiles surged to $X in 2022. Over the period under review, imports showed prominent growth. The pace of growth appeared the most rapid in 2019 when imports increased by 193%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of non-refractory clay flooring blocks, support or filler tiles to India, with a 82% share of total imports. Moreover, imports of non-refractory clay flooring blocks, support or filler tiles from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), ninefold. Spain (X tons) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+3.0% per year) and Spain (+0.8% per year).

In value terms, China ($X) constituted the largest supplier of non-refractory clay flooring blocks, support or filler tiles to India, comprising 84% of total imports. The second position in the ranking was held by Spain ($X), with an 8.1% share of total imports. It was followed by Vietnam, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+3.9% per year) and Vietnam (+6.5% per year).

Import Prices by Country

In 2022, the average import price for non-refractory clay flooring blocks, support or filler tiles amounted to $X per ton, shrinking by -3.7% against the previous year. In general, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2015 an increase of 64%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :